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Property profile & analytics
OFF-MARKET
Investment properties
170-174 Main St Springfield, MA 01151
Individually Owned
~
Est. High Equity
Property ID
US38-0298843
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
5,918 SF
Lot
0.16 ac (6,804 SF)
Zoning code
B1
APN
SPRI S:08132 P:0040
UPID
US38-0298843
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jose A Hincapie
Jose A Hincapie
since 2025
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
B1 · Springfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Springfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$232,500
Assessed 2023
Previous assessed
$214,600
+8.3% YoY
Assessed land
$42,900
Assessed improvement
$189,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
FORCED AIR
Buildings
2
Stories
1
Units
1
Total area
5,918 SF
Lot
0.16 ac (6,804 SF)
Zoning code
B1
APN
SPRI S:08132 P:0040
UPID
US38-0298843
Jurisdiction
SPRINGFIELD
Zoning & alternative use
B1 · Springfield, MA
Zoning B1 · permitted uses
B1 · Springfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Springfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
FORCED AIR
Stories
1
Buildings
2
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jose A Hincapie
Individual
Mailing address
268 COLD SPG AVEB, W SPRINGFIELD, MA 01089-3465
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
$300,000
Jose A Hincapie
Round Two LLC
Deed
—
Jun 4, 2024
$250,000
Round Two LLC
Carlos Porfirio
Quit Claim Arm's Length For Ne States
—
May 29, 2009
$85,000
Mercedes G Portfirio
Ib Property Holdings LLC
Grant Deed
—
Apr 23, 2008
$126,000
Ib Property Holdings LLC
Quek,chin Kwee
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 14, 2005
$1
Chin Re Inv LLC
Quek,chin Kwee
Grant Deed
related
—
Aug 10, 2004
$240,000
Chin Kwee Quek
Zina,victor R
Grant Deed
—
Aug 10, 2004
—
Chin Kwee Quek
—
Deed Of Trust
related
$133,000 · Interbay Funding LLC
Nov 20, 1996
—
Victor R Zina
—
Deed Of Trust
related
$97,500 · Westfield Bank Fsb
Oct 27, 1995
$45,000
Victor R Zina
Ludlow Sb
Grant Deed
—
Oct 23, 1990
—
Norman J Boulrice
—
Deed Of Trust
related
$92,225 · Zeger Corp Pension Trust
Oct 6, 1987
—
Maneul B Santos
—
Deed Of Trust
related
$10,000 · Ne Allbank For Savings
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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